Commonwealth Equity Services LLC Decreases Position in iShares Latin America 40 ETF (NYSEARCA:ILF)

Commonwealth Equity Services LLC reduced its stake in iShares Latin America 40 ETF (NYSEARCA:ILF) by 14.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 513,309 shares of the company’s stock after selling 89,711 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Latin America 40 ETF were worth $10,733,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. purchased a new position in shares of iShares Latin America 40 ETF in the 4th quarter valued at $92,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of iShares Latin America 40 ETF by 2,200.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,600 shares of the company’s stock worth $96,000 after purchasing an additional 4,400 shares during the last quarter. PFG Investments LLC increased its position in shares of iShares Latin America 40 ETF by 16.9% during the fourth quarter. PFG Investments LLC now owns 10,994 shares of the company’s stock worth $230,000 after purchasing an additional 1,588 shares in the last quarter. Alexander Randolph Advisory Inc. lifted its holdings in shares of iShares Latin America 40 ETF by 16.2% in the 4th quarter. Alexander Randolph Advisory Inc. now owns 11,442 shares of the company’s stock valued at $239,000 after purchasing an additional 1,597 shares during the last quarter. Finally, Park Avenue Securities LLC grew its stake in iShares Latin America 40 ETF by 27.7% during the 4th quarter. Park Avenue Securities LLC now owns 12,439 shares of the company’s stock worth $260,000 after buying an additional 2,697 shares during the last quarter.

iShares Latin America 40 ETF Stock Up 0.7 %

NYSEARCA:ILF opened at $24.43 on Thursday. The company has a market capitalization of $1.35 billion, a PE ratio of 11.21 and a beta of 1.14. iShares Latin America 40 ETF has a 52-week low of $20.83 and a 52-week high of $29.05. The stock’s 50 day moving average price is $22.90 and its 200 day moving average price is $23.74.

iShares Latin America 40 ETF Profile

iShares S & P Latin America 40 Index Fund, formerly iShares Latin America 40 ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Latin America 40 (the Index). The Index consists of selected equities trading on the exchanges of five Latin American countries.